Sunday, August 29, 2021

Tipid tips: Risa pays with cash than credit card

Senator Risa Hontiveros is steering away from credit cards to avoid overspending.

In a latest social media post, Hontiveros talked about four money saving tips, including her preference for a cash-only budget to keep her finances in check.

“TIPID TIPS! Sa mga gusto makatipid, yung mga katrabaho ko gumawa sila ng acronym sa mga napansin nilang mga financing ways ko at nakakahiya man aminin ang acronym ay RISA din. ” she said.

Topping the list of the senator’s practical budgeting tips is living with means. Hontiveros revealed that she prefers to pay in cash instead of a credit card.

“ R – EALISM. Lalo na nung apat na anak ko pa ang nag-aaral. Talagang usap kami na kids ganito tayo ha cash economy tayo. We live within my sweldo. We live within our means. Hanggang ngayon wala akong credit card kasi gusto ko talaga cash economy lang kami,” she said.

Hontiveros also avoids getting into debt.

“ I – WAS UTANG. Ayaw na ayaw ko hangga’t maari na umutang para live within kung ano lang yung monthly na papasok na pera and then yun yung ibubudget ko,” she said.

Having a simple lifestyle also helps to balance the family budget, according to Hontiveros.

“ S – IMPLENG LIFESTYLE. Nag-uusap talaga kami ng mga bata na ano yung talagang kailangan natin at ano yung gusto lang natin. Para sa kailangan talagang ibubukod ko iyan, kung may gusto, pag-iipunan ko iyan as in every month I’ll set aside a certain amount sa sweldo,” she said.

Hontiveros is a huge believer of saving money. She sets aside a portion of her salary for savings. Money for household expenses is also put aside.

“ A – LKYANSYA AT ENVELOPE SYSTEM. Kasi lumaki akong nagpipiggy bank. Recently natuwa ako dalawa sa mga anak ko kumuha din ng alkansya. And envelope system — kahit loose envelope i-rerecycle ko lang. Ilalagay ko doon kung ano ibubukod this month para sa palengke, alin para sa utilities, etc.
Napaka-simple pero super nagwowork! ,” she said.